Saturday, November 6, 2010

Northern Colorado 'Bioscience companies share in federal funding'

Quoting from the Northern Colorado Business Report:

"Four Fort Collins bioscience companies have received nearly a quarter million dollars each for research projects from the U.S. Department of Health and Human Services.

As a whole, the Colorado bioscience industry received over $23 million for 102 different research projects from the Qualifying Therapeutic Discovery Project program. This places the state in the top 10 of those applying for QTDP grants and tax credits. The QTDP program, created under the Patient Protection and Affordable Care Act of 2010, is designed to provide support to small bioscience firms that show significant potential to produce cost-saving therapies."

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